Growthpoint executive director Estienne de Klerk said the US market was constantly looking for investment opportunities, “so we want to make the investment in Growthpoint as accessible as possible.

“As all income is distributed on a half-yearly basis, management seriously considers the capital allocation of new investments (either acquisitions or developments) and carefully evaluates whether a new investment is sufficiently yield-enhancing for Growthpoint,” De Klerk said.

“The management team has proven in the past that this gives investors a better return.”